Kijun Sen Candle Two Colors - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources

Kijun Sen candles in two colors: also available for MT5

The indicator draws candles of different colors above and below the Kijun Sen (KS) line.

The user needs to ensure that the Kijun Sen period on the current indicator exactly matches the Kijun Sen period provided by the user.

Candle Accuracy: Although the standard chart price graph is hidden, it is not disabled and the Open, High, Low and Close prices can be viewed in the MT4 Data Window (press Ctrl+D or View → Data Window). The accuracy of the Open, High, Low price indicator and the Close price can be checked against the Open, High, Low and Close price windows in the MT4 data. When cross-referencing, the cursor point must be on the relevant colored candle:

Explanation of data window:

Indicator candles H, L, O and C are listed in the R up, R dn, B up columns and B dn (red up candle, red down candle, blue uo candle, blue down candle).

The hidden candle's open price is less than the close price, so the candle is an ascending candle. The red upward candle of the indicator in column 1 corresponds to the hidden candle.

Attachment download

📎 kijun_candles_two_colors.mq4 (3.08 KB)

Source: MQL5 #10788